Page 47 - TURKRptSep21

monetary value of drug sales.
8.2 Major corporate news 8.2.1 Automotive corporate news
Turkish-French automaking joint venture Oyak Renault signed a five-year agreement under which Turkey’s vehicle manufacturer Karsan will produce its Megane sedan model.
The agreement will see the transfer of the existing Megane sedan production to Karsan, thus making room for a new generation of vehicles to be produced at the Oyak Renault factory. The production shift is expected to take place in the second half of 2022.
Karsan will be responsible for the production and assembly of the vehicle, while Oyak Renault will continue to produce chassis parts.
The project aims for Karsan to work to a yearly production capacity of 55,000 units.
Oyak Renault has an annual production volume of 378,000 cars and 920,000 engines. The new Clio and new Clio Hybrid are also among the car models it produces.
Suspensions of vehicle production in Turkey due to global chip crisis
Plants
Models
From
To
Capacity
Toyota Turkey
Sakarya
Corolla, C-HR
Aug 20
Sep 5
280,000
Ford Otosan (FROTO)
Golcuk
Transit & Custom (vans)
Apr 19
Jun 7
180K Custom & 160K Transit
Ford Otosan (FROTO)
Eskisehir
Engine
May 31
Jun 14
Ford Otosan (FROTO)
Eskisehir
Cargo (trucks)
May 31
Jun 17
15,000
Ford Otosan (FROTO)
Golcuk
Transit & Custom (vans)
Apr 3
Apr 9
180K Custom & 160K Transit
Ford Otosan (FROTO)
Yenikoy
Courier (LCV)
Apr 3
Apr 9
110,000
Tofas (TOFAS)
Bursa
Egea (passenger), Doblo & Fiorino (vans)
Mar 19
Apr 5
450,000
Oyak Renault
Bursa
Clio & Megane (passenger)
Mar 15
Mar 22
378K vehicles & 920K engines
8.2.2 Transport corporate news
In January-July, Istanbul Airport saw a 15% y/y rise in overall passenger traffic to 16mn, 4mn international and 9.2mn domestic. The airport should annually serve at least 60-70mn passengers to repay its debts.
In January-July, Turkish Airlines (THYAO) served 20mn passengers, down 52% from the 2019 level.
Boeing and Turkish Aerospace Industries (TAI or Tusas) signed a contract for the production and supply of engine covers for Boeing's single-aisle family of Boeing 737s.
TAI is expected to meet half of the monthly engine cover production for all Boeing 737 aircraft produced starting from 2025. The production of the engine covers will take place at TAI's facilities in Ankara, where it currently produces the 787 Dreamliner elevator, cargo panel and tailplane and the 737 elevator for Boeing.
47 TURKEY Country Report September 2021 www.intellinews.com